Workflow
Shopify(SHOP)
icon
Search documents
Shopify Q3 2024 Revenue Growth Accelerates to 26%, Free Cash Flow Margin Expands to 19%
Newsfile· 2024-11-12 12:00
Shopify Q3 2024 Revenue Growth Accelerates to 26%, Free Cash Flow Margin Expands to 19%November 12, 2024 7:00 AM EST | Source: ShopifyInternet, Everywhere--(Newsfile Corp. - November 12, 2024) - Shopify Inc. (NYSE, TSX: SHOP), a leading commerce technology company announced today financial results for the quarter ended September 30, 2024."Q3 was outstanding, further establishing Shopify as a leader in powering commerce anywhere, anytime. Our unified commerce platform is becoming the go-to choi ...
Shopify Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2024-11-12 06:45
Shopify Inc. SHOP will release earnings results for its third quarter, before the opening bell on Tuesday, Nov. 12.Analysts expect the Ottawa, Canada-based company to report quarterly earnings at 37 cents per share, up from 32 cents per share in the year-ago period. Shopify projects to report revenue of $2.94 billion for the quarter, according to data from Benzinga Pro.The company has beaten analyst estimates for revenue in seven straight quarters.Shopify shares gained 3.3% to close at $89.99 on Monday.Benz ...
Options Traders Target Shopify Stock Before Earnings
Schaeffers Investment Research· 2024-11-11 20:04
Shopify Inc (NYSE:SHOP) stock is on the rise today ahead of the company's third-quarter earnings report, due out before the open tomorrow, Nov 12. Analysts expect the Canada-based e-commerce name to post earnings of 27 cents per share and revenue of $2.11 billion. At last glance, SHOP was up 3.4% at $89.87. The shares earlier jumped above their February peak, hitting a fresh 52-week high. Looking at the past two years, SHOP has a history of outsized post-earnings moves, including a 17.8% pop this past Augus ...
Shopify Stock Rides High Into Q3: Can Earnings Justify The Surge?
Benzinga· 2024-11-11 18:00
Shopify Inc SHOP will be reporting its third-quarter earnings on Tuesday. Wall Street expects 27 cents in EPS and $2.11 billion in revenues as the company reports before market hours.The stock is up 47.31% over the past year, 24.38% YTD.Let’s look at what the charts indicate for Shopify stock and how the stock currently maps against Wall Street estimates.Read Also: Cathie Wood’s Ark Innovation, Genomic ETFs Celebrate 10 Years: How Annual Returns Stack Up Against S&P 500Shopify Technical Setup Ahead Of Q3 Ea ...
Zacks Industry Outlook Shopify, Alphabet and Uber
ZACKS· 2024-11-11 13:45
For Immediate ReleaseChicago, IL – November 11, 2024 – Today, Zacks Equity Research like Shopify (SHOP) , Alphabet (GOOGL) and Uber (UBER) .Industry: Internet ServicesLink: https://www.zacks.com/commentary/2367719/internet-services-industry-is-hot-buy-shop-googl-uberMacro factors currently driving the economy, such as the relatively high interest rates, relatively strong labor markets, supply chain issues (though minimal right now and in pockets) and so forth have a varied impact on players in the extremely ...
Internet Services Industry Is Hot: Buy SHOP, GOOGL, UBER
ZACKS· 2024-11-08 20:16
Macro factors currently driving the economy, such as the relatively high interest rates, relatively strong labor markets, supply chain issues (though minimal right now and in pockets) and so forth have a varied impact on players in the extremely diverse Internet – Services industry, although a stronger economy is generally positive. Additionally, since this is a capital-intensive industry with high fixed cost of operation and the fairly constant need to build infrastructure, a high interest rate just isn’t ...
Seat Covers Unlimited Launches New Shopify-Based Website, Enhancing Customer Experience Making Buying Seat Covers Easy
GlobeNewswire News Room· 2024-11-08 03:11
Mesa, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Mesa, Arizona - Mesa, AZ — Seat Covers Unlimited, a leading provider of high-quality custom seat covers, is excited to announce the launch of its newly redesigned website built on the Shopify platform. The revamped website offers customers a more accessible and intuitive way to navigate and purchase from the company's extensive selection of seat covers for cars, trucks, and SUVs. With a history spanning nearly 40 years, Seat Covers Unlimited has been dedicated to del ...
This Shopify (SHOP) Call Option Spread Garners a 43% Return Potential
ZACKS· 2024-11-07 20:26
Shopify stock appears to be finally gaining back its momentum.The company, which provides a cloud-based, multi-channel commerce platform that assists businesses in selling products and services, has been taking advantage of the artificial intelligence theme by rolling out several related features.Shopify Dashboard, which is available in more than 20 languages, enables merchants to manage products and inventory, process orders and payments, build customer relationships, and leverage data analytics.The Ottawa ...
Shopify to Report Q3 Earnings: Is the Stock a Portfolio Must-Have?
ZACKS· 2024-11-07 16:25
Shopify (SHOP) is scheduled to report its third-quarter 2024 results on Nov. 12.For the to-be-reported quarter, Shopify expects revenue growth at a low to mid-20% range on a year-over-year basis.The Zacks Consensus Estimate for revenues is currently pegged at $2.11 billion, suggesting growth of 22.96% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at 27 cents per share, which remained unchanged over the past 60 days. This indicates 12.50% growth from the figure reporte ...
Unlocking Q3 Potential of Shopify (SHOP): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-11-07 15:21
Wall Street analysts expect Shopify (SHOP) to post quarterly earnings of $0.27 per share in its upcoming report, which indicates a year-over-year increase of 12.5%. Revenues are expected to be $2.11 billion, up 23% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings announcement, it is crucial to cons ...